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The vast majority of those are being imported through e-commerce platforms, including some of the largest in the country such as Shopee, Lazada and TikTok, with combined value reaching billions of dollars monthly.
BYD, a Chinese electric vehicle (EV) manufacturer, plans to enter the Vietnamese market in June. Whether it will be welcomed in the country remains an unknown.
Vietnam's inbound tourism is experiencing a remarkable resurgence, exceeding pre-pandemic levels as of the late April, signaling a promising season for the sector.
Hanoi attracts over 1.1 billion USD in FDI in four months
The real estate market in provinces and cities in the Southern region of Vietnam in the first months of 2024 grew, with land, low-cost housing and apartments seeing higher demand.
The General Department of Taxation proposed the State Bank of Vietnam study regulations on making non-cash payments compulsory for gold transactions together with a control mechanism to improve transparency.
It was forecast that about 12.8 million TEU of container goods would be transshipped via ports in the East Sea by 2030.
Once the project is officially operational, waste water from 150 main sewers along the banks of the To Lich River will be collected and treated before being discharged into the river.
Exporting creative goods generates billions of dollars for Vietnam each year, but understanding of this economy is still in its very preliminary stages.
Vietnam has been No 1 globally in pepper exports for 20 years, but its export prices are the lowest in the world.
The Paris Court of Appeals has yet to rule on Vietnamese French dioxin victim’s lawsuit against American chemical firms that supplied herbicides to the US army during the war in Vietnam, following a three-and-a-half-hour hearing on May 7.
The Mekong Delta is the largest area for rice, fruit and fisheries production in Vietnam but has also been hit hard by climate change.
Numerous Vietnamese shippers have been facing challenges due to escalating sea freight rates, aggravated by arbitrary surcharge hikes by shipping lines.
Asia Commercial Bank, or ACB, has become stable since Tran Mong Hung’s family returned to take over management. ACB is one of the best known banks in Vietnam.
The group of artists from Hanoi transformed the footbridge on Tran Nhat Duat Street into a joyful, vibrant and illuminated work of art in the evening.
This strategic move is crucial for the nation to attain its target of net-zero emissions by 2050.
The pilots began on April 15 and in spite of some early problems, drivers have been generally positive.
Over 30,000 craftsmen are currently working in the Kim Sơn sedge weaving craft in the district, which accounts for around 80 per cent of the district’s yearly handcraft production value.
The World Gold Council’s demand trends report for the first quarter of this year showed that Việt Nam gold demand was strong in the quarter, supporting record-high prices.